The Archive · 1938

Dollar and the Pound Sterling

The recovery in French issues is explained by the calm way in which the. Czech elections took place, especial the final day, and the closing of Parliament.

Seasoned traders expressed the opinion that the healthy technical position of the market warrants a recovery if the international situation remains calm.—Havas.

To transfer to the staff pension fur the sum of £40,000 0s. 0d To contribute to the staff widows' fund the sum of £10,000 0s. 0d.

They propose:—

To pay. on the lith proximo, a dividend of 10/. per share, less income fax, making, with the interim dividend already paid, a total distribution for th Year of 20/- per share, less income tax, or £564,099 15. 0d.

And to carr; ward the balance of £2,680,425 11s.

Td. to the next account Hamburg's Tonnage Rises Hamburg, June 20

The increasing importance of Hamburg as an overseas port and the prosperity of German inland trade are reflected in the increase in Hamburg's inland goods traffic figures. Inland goods traffic rose from 3,770,000 tons during the first quarter of 1933 to 5,170,000 tons during the first quarter of 1938, showing an i crease of 1,400,000 tons, or over per cent—Trans-Ocean, Manila Gold Shares

Text read from the printed page and cleaned; old type leaves the occasional error.

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